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the economy has slowly improved. people feel they are able to give a bit more and need out there is tremendous for the services of many of these charities. gerri: now the beauty of your website is that you actually rate, rank these charities and talk about what they're good at, what they're bad at. how much of their money is actually going to the charitable cause they're pursuing. tell us about a little bit about your website and what is it people really need to pay attention to when they're picking a charity? >> sure. we rate more charities than any other organization in the world. we're about, half of all the money in donations goes to those charities we evaluate and we're continuing to expand. there are three critical things people should consider and our website is working on all of that. one is the finances of the organization. is the money going to the right place? does the organization have sustainability, financial health? the second area what we call best practice, governance, accountability and transparency
the economy has slowly improved. people feel they are able to give a bit more and need out there is tremendous for the services of many of these charities. gerri: now the beauty of your website is that you actually rate, rank these charities and talk about what they're good at, what they're bad at. how much of their money is actually going to the charitable cause they're pursuing. tell us about a little bit about your website and what is it people really need to pay attention to when they're...
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economy. you look at consumer confidence numbers from the university michigan and everyone is worried about the future because of the scare tactics that are coming from washington. >>neil: amazing. thank you very were. a footnote on the 40th anniversary, more than half of americans alive today were not even born at that time. on the 40th anniversary of the apollo launch the last guy to washington on the moon is talking to us. >> america's challenge of today, forging man's destiny, up a pile. >>neil: you look at the moon. you were the last human being to touch that surface. how does that make you feel? >>guest: humble. i don't look at the moon and say, what a great guy you are, i do it when you ask. >> we live. we came. god willing, we will return. this is for all mankind. godspeed, the crew of apollo 17. >> i am convinced the pace program will come back. >> the country needs something to look forward to, to be proud of. what can we do in 10,000 years? i grandmother in a farm in michigan had a
economy. you look at consumer confidence numbers from the university michigan and everyone is worried about the future because of the scare tactics that are coming from washington. >>neil: amazing. thank you very were. a footnote on the 40th anniversary, more than half of americans alive today were not even born at that time. on the 40th anniversary of the apollo launch the last guy to washington on the moon is talking to us. >> america's challenge of today, forging man's destiny,...
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in the global economy. she was less bullish on the idea that greece or spain or anybody else in trouble might effect the u.s. economy. she said, you know, the problem with the u.s. is internal, and it becomes a world problem. >> what do you think about the supreme court, they're now going to consider california's proposition 8, consider same sex marriage in the united states. >> i think it raises obviously to the highest court in the land a question that has bounced around the states with different verdicts. you have had a lot of states had constitutional amendments banning same sex marriage, california said yes, then has said no. you had for the first time the past election a couple states pass it in a statewide referendum, when previously when it was on the ballot it had gone down. this is a question that has had different answers in some states, and some states different answers different times within the same state. the supreme court providing a road map is helpful, if you want a 50 state solution. the
in the global economy. she was less bullish on the idea that greece or spain or anybody else in trouble might effect the u.s. economy. she said, you know, the problem with the u.s. is internal, and it becomes a world problem. >> what do you think about the supreme court, they're now going to consider california's proposition 8, consider same sex marriage in the united states. >> i think it raises obviously to the highest court in the land a question that has bounced around the...
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economy added some 146,000 jobs last month. that was enough it to drive the unemployment rate down to 7.7%. joining me to talk about all of it, florida congresswoman debbie wasserman schultz and she chairs the democratic national committee. good friday afternoon to you. >> thank you. >> john boehner said today that democrats' plan is to, quote, slow walk our economy to the edge of the fiscal cliff. how do you respond it to that? >> well, that's just utterly preposterous. the republicans right now in the house of representatives have a bill that would extend the middle class tax cuts right away that has passed the senate that they could take up next week when we come back. they could have already taken it up. we have a lot of time, and the republicans refuse to give certainty to the middle class. the president said he'd seen this bill right away, and then the rest of the issues we need to sort out we can hash out over the next few weeks before we reach december 31st. >> issues like entitlement reform? >> well, issues like making
economy added some 146,000 jobs last month. that was enough it to drive the unemployment rate down to 7.7%. joining me to talk about all of it, florida congresswoman debbie wasserman schultz and she chairs the democratic national committee. good friday afternoon to you. >> thank you. >> john boehner said today that democrats' plan is to, quote, slow walk our economy to the edge of the fiscal cliff. how do you respond it to that? >> well, that's just utterly preposterous. the...
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>> definitely still room to fix the economy. alison kosik for us at the new york stock exchange, thank you so much. >>> well, after weeks in hiding and on the run, john mcafee's bid for asylum in guatemala has been rejected. he may be deported back to belize. more on this bizarre case coming up. yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> well, you got to get your daily john mcafee update. you need a score card for this one. here we go. yesterday at this time we were getting reports that mcafee was rushed to the hospital from his jail cell in guatemala city. there
>> definitely still room to fix the economy. alison kosik for us at the new york stock exchange, thank you so much. >>> well, after weeks in hiding and on the run, john mcafee's bid for asylum in guatemala has been rejected. he may be deported back to belize. more on this bizarre case coming up. yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must...
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if that continues into december for the economy, that's a bad sign. focus less on the employment report than consumer confidence as a factor in the fiscal cliff negotiations. >> these numbers are still too high, yes. we are going in the right direction and that is clear month after month. we have an unemployment crisis in this country. the casey foundation announced this week youth unemployment is higher than it's ever been since world war ii and these young people are out of the job market, staying out of the job market. this impacts them for life. if we were a serious country we would be having a discussion about unemployment. this should not take all the urgency away from that. >> and as ayman said, the numbers sort of -- they don't tell an accurate picture in terms of what's happening with unemployment in the country. it's the lowest in four years, but actually -- >> partly because people -- >> you want the number to be high eer because more people ar in the work force. look at where income is in this country, no means the middle class and working
if that continues into december for the economy, that's a bad sign. focus less on the employment report than consumer confidence as a factor in the fiscal cliff negotiations. >> these numbers are still too high, yes. we are going in the right direction and that is clear month after month. we have an unemployment crisis in this country. the casey foundation announced this week youth unemployment is higher than it's ever been since world war ii and these young people are out of the job...
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the new 2013 ram 1500. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. salads, sandwiches, and more. [♪ theme music ♪] >> announcer: ladies and gentlemen, it's the "stephanie miller show"! ♪ i'm walking on sunshine, woe ho ♪ ♪ i'm walking on sunshine woe ho ♪ ♪ it's time to feel good ♪ ♪ hey all right now ♪ ♪ it's time to feel good ♪ >> stephanie: the president and boner having a little private time little man-o-and man-o. >> man-o and man-o. >> stephanie: whatever. i hope the president is being serious -- >> i remain flabbergasted flabbergasted! >> stephanie: stephaniemiller.com check it out, you can email us all there. sexyliberal.com, rolland sexy liberal tour director, if it's possible the washington, d.c. n
the new 2013 ram 1500. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. salads, sandwiches, and more. [♪ theme music ♪] >> announcer: ladies and gentlemen, it's the...
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economy. it's part of the -- we want to do it for growth and jobs. to work in transport sector -- and it's very, very important for europe, also for our investment. >> the e.u. hopes that the space sector will account for 20% of its gdp by the year 2020. the u.k. space agency has been $2 billion for the european space agency programs. the space agency already contributes 9.1 billion or $14 billion to the u.k. economy. for europe investing in space is investing in the future. >>> medical marijuana is already legal in several states in the united states. now, voters in washington state and colorado have ok'd the recreational use richard branson says yes. >> simply proposed with the harder drugs is do what portugal has done and that is, you know, let the state set up clinics throughout america that if you have a drug problem, you go to that clinic. give them the methodone until they're ready to come off, and when they're ready, you use a drug clinic that costs one-third of the price of a prison m
economy. it's part of the -- we want to do it for growth and jobs. to work in transport sector -- and it's very, very important for europe, also for our investment. >> the e.u. hopes that the space sector will account for 20% of its gdp by the year 2020. the u.k. space agency has been $2 billion for the european space agency programs. the space agency already contributes 9.1 billion or $14 billion to the u.k. economy. for europe investing in space is investing in the future. >>>...
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this economy wants to take off again. what's holding it back right now is the political uncertainty about whether we're going to go over the cliff and each day that clicks off, we are holding back retail sales during the christmas season and that's just crazy. >> senator, on entitlements, the other side of the equation here if the tax rates have gotten what the president wants, which is a raise to 39.6%. the three national unions have that come out with an ad campaign are targeting two senators. you are one of them. as well as two republican congressman as well. they are saying don't touch social security or medicare or other entitlements. would you be open to touching them in a deal? >> interest groups have every right to advocate but we've seen the lack of power that some of the negative attacks that were spent against a lot of candidates. i think medicare is a great program. it needs to be protected. but anyone that denies the math around these programs is just disconnected to reality. the fact is, when i was a kid, th
this economy wants to take off again. what's holding it back right now is the political uncertainty about whether we're going to go over the cliff and each day that clicks off, we are holding back retail sales during the christmas season and that's just crazy. >> senator, on entitlements, the other side of the equation here if the tax rates have gotten what the president wants, which is a raise to 39.6%. the three national unions have that come out with an ad campaign are targeting two...
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tax hikes in january, can this economy handle it based on this report? >> we're going to have taxes which will be roughly the same under bill clinton, we did fine in that, we'll do fine. what i'm worried about is the defense cuts. they're really serious. but we'll get by with a few months of higher taxes until the democrats and republicans start playing nice with each other. but the fiscal cliff, i think, is very overrated as a danger. heather: does it concern you that this seems to be the new norm when we look at the numbers and say, hey, this is better? >> it's very discouraging. we're stuck at a stable but depressing plateau. meth -- heather: ben stein, thank you s much. we will be right back. we understan at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. jon: chris
tax hikes in january, can this economy handle it based on this report? >> we're going to have taxes which will be roughly the same under bill clinton, we did fine in that, we'll do fine. what i'm worried about is the defense cuts. they're really serious. but we'll get by with a few months of higher taxes until the democrats and republicans start playing nice with each other. but the fiscal cliff, i think, is very overrated as a danger. heather: does it concern you that this seems to be...
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the economy is growing two percentage point. subtract 3 1/2 and that is a severe recession. >> reporter: republicans will be blamed if there is no agreement say the president is acting in bad faith. >> i think it's fair to say that the president is not interested in a balanced agreement, is he not particularly interested in avoiding the fiscal cliff and he's clearly not interested at all in cutting any spending. >> reporter: but behind all the public posturing, there is still contact between the president's office and the speaker's people. and between the two men themselves. but everyone else is out of the loop. and there is some confidence, at least here at the white house, that they can find a solution. norah, charlie? >> bill plante, thanks. >>> november jobs report is out. rebecca jarvis is here. good morning. what do the numbers tell us? >> things are looking a lot better than we were anticipating. 146,000 new jobs created in the month of november. unemployment rate dips to 7.7% and there's two big reasons to why the report
the economy is growing two percentage point. subtract 3 1/2 and that is a severe recession. >> reporter: republicans will be blamed if there is no agreement say the president is acting in bad faith. >> i think it's fair to say that the president is not interested in a balanced agreement, is he not particularly interested in avoiding the fiscal cliff and he's clearly not interested at all in cutting any spending. >> reporter: but behind all the public posturing, there is still...
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he was willing -- is willing to cause, quote unquote, serious obstructions in the economy. he was asked on fox news despite not raising the debt ceiling would cause serious problems, he said i'm willing to do that in order to get serious cuts to social security and medicare. bye-bye [ applause ] >> stephanie: senator lindsay graham. >> i met with jim demint this morning, and to say i was stunned is an understatement. he has always been a friend somebody i could count on. we have really enjoyed our time together. >> wait a minute go back. >> stephanie: once again, another stunned moment for me! vapors. >> we had some wonderful times together. >> something tells me that lindsay graham has clutched some pearls before. >> as god as my witness i will never go hungry again. >> compared to jim demint is a stark-raving mad liberal. >> stephanie: and senator harry reid. >> i have always liked the guy, and even though i disagree with so much of what he has done, i appreciate -- i personally believe he does this out of a sense of real belief. i like jim demint and wish him well. [ ina
he was willing -- is willing to cause, quote unquote, serious obstructions in the economy. he was asked on fox news despite not raising the debt ceiling would cause serious problems, he said i'm willing to do that in order to get serious cuts to social security and medicare. bye-bye [ applause ] >> stephanie: senator lindsay graham. >> i met with jim demint this morning, and to say i was stunned is an understatement. he has always been a friend somebody i could count on. we have...
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if the economy is growing sharply, then if there's some damage from lifting the top rate, maybe the economy could afford it. gdp growth number is not as strong as the jobs report f we had a really weak jobs report, the president would have a really hard time, even getting moderate democrats, to increase the marginal rate. the fact that it's a strong report puts wind in his sails. >> kevin, you've touched on it a little bit. can you be more specific about what you think we're missing from today's report? >> well, i think that what's missing from the report, if we're looking at the health of the overall economy, is that businesses are really pessimistic right now. we've had five months in a row where the orders for capital goods have been going down and, in fact, going down sharply. very often business investment is the thing that turns down right before you have a recession. we have this very dissident set of data. solid jobs report that looks like the trend we saw this year is continuing but we've got businesses holding back, probably in part because of the uncertainty over the fiscal cliff
if the economy is growing sharply, then if there's some damage from lifting the top rate, maybe the economy could afford it. gdp growth number is not as strong as the jobs report f we had a really weak jobs report, the president would have a really hard time, even getting moderate democrats, to increase the marginal rate. the fact that it's a strong report puts wind in his sails. >> kevin, you've touched on it a little bit. can you be more specific about what you think we're missing from...
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maybe the economy is doing better than we thought? >> that certainly could be the case. >> the labor force declines. some people hopped out of the labor market, which might be one of the reasons why -- >> that might be sandy as well. >> diane, you were saying? i'm sorry. go ahead. >> these numbers are more -- less clarifying and adding more to the chaos than clarity because of sandy. and, you know, the underlying issues going on here, the breakdown. people jumping out of the labor force, that could actually be sandy or unemployment insurance claims are beginning to expire. we're seeing a lot of people taking retirement at 62. not because they can but because it's a bridge when they run out of unemployment. baby boomers, half the reduction in labor force participation rate in the last couple of years has been due to demographics alone. the other half very much a weak economy. i think these are all important things. unfortunately, my guess is that november is just not going to give us a lot of clarity on where we're actually going. >> t
maybe the economy is doing better than we thought? >> that certainly could be the case. >> the labor force declines. some people hopped out of the labor market, which might be one of the reasons why -- >> that might be sandy as well. >> diane, you were saying? i'm sorry. go ahead. >> these numbers are more -- less clarifying and adding more to the chaos than clarity because of sandy. and, you know, the underlying issues going on here, the breakdown. people jumping...
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>> it will challenge this economy. it will challenge this economy to keep its head above water. this is not the kind of economy that can handle a shock to the system. believe me, those tax hikes are going to be a shock. forget the fiscal cliff stuff. what we know is coming, already will be a hock to the system. you lay that are with even more draconian tax hikes, more regulations and this war on business that i've been seeing, it's not going to be that great. >> you register surprise like i go when the 7.7% number came in. but we've got to find out, did the labor force shrink? that's the key to understanding the rate -- >> lot of economic data, the headlines look good. when you dig, it's been disappointing. >> let me conclude, that we have it, 7.7%, the unemployment rate in november. 146,000 jobs created. that's it for this fox business special report. we'll continue the coverage throughout the day. now back to our regular programming. >> steve: all right. thank you very much. it's interesting what peter barns said from washington and that was that in the two months running up t
>> it will challenge this economy. it will challenge this economy to keep its head above water. this is not the kind of economy that can handle a shock to the system. believe me, those tax hikes are going to be a shock. forget the fiscal cliff stuff. what we know is coming, already will be a hock to the system. you lay that are with even more draconian tax hikes, more regulations and this war on business that i've been seeing, it's not going to be that great. >> you register...
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and when this economy picks up, when the obama economy picks up, guess what? president obama's rising tide will lift all boats. >> here's exactly -- >> that's reality. >> we talk a lot about rebranding a party. what a brand is in essence is a set of values. they're not changing their revalues, they're recasting them, repositioning them. that's what rebranding does. and the jindals of the world get it. >> jindal does get it. i said to jim demint, listen, i remember in '93 and '94 -- and richard, i know you remember this going back to the 1980s -- the intellectual power was all on the conservative side. we were the trendsetters. what john engler was doing up in michigan, what other reform-minded governors were doing across the country on health care reform, on welfare reform, the republicans, conservatives, controlled it. as i said to jim yesterday, there's been an anti-intellectual strain in this party for the past four, five, six years. it's now costing us millions of votes across the country. and millions and millions of dollars. and he seemed to get that as
and when this economy picks up, when the obama economy picks up, guess what? president obama's rising tide will lift all boats. >> here's exactly -- >> that's reality. >> we talk a lot about rebranding a party. what a brand is in essence is a set of values. they're not changing their revalues, they're recasting them, repositioning them. that's what rebranding does. and the jindals of the world get it. >> jindal does get it. i said to jim demint, listen, i remember in '93...
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republicans claim that that will boost the economy and jobs. but democrats are calling it an attack on workers' rights. governor rick snyder has previously said that right-to-work is not on his agenda but he does plan on sign that next week. back on capitol hill steven spielberg is slated to attend "lincoln." poems president obama is hosting the event at the capitol visitor senator. after the screening, spielberg and louis along with 3 other actors will hold a q and a session with senators and their guests. more "bill press" is coming up after our break. see you then. i want the people who watch our show, to be able to come away armed with the facts, and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. but it's also about telling them, you're put on this planet for something more. an impact beyond just informing. an impact that gets people to take action themselves. as a human being that's really important. this is not just a spectator sport. before the sneeze, help protect wi
republicans claim that that will boost the economy and jobs. but democrats are calling it an attack on workers' rights. governor rick snyder has previously said that right-to-work is not on his agenda but he does plan on sign that next week. back on capitol hill steven spielberg is slated to attend "lincoln." poems president obama is hosting the event at the capitol visitor senator. after the screening, spielberg and louis along with 3 other actors will hold a q and a session with...
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we can get something done that is good for families like this one and that is good for the american economy. >> an added wrinkle to the fiscal cliff talks is the debt ceiling, with the government on pace to reach its borrowing limit early next year. the white house stated its position on the 14th amendment, which some theory rise is a way for the president to raise the debt limit independently, should republicans attempt to use it as a negotiating tool. >> i can say that this administration does not believe that the 14th amendment gives the president the power to ignore the debt ceiling, period. >> the fiscal cliff talks reached a new low yesterday when, somehow, the new york jets got dragged into it on the senate floor. >> it's not one of my favorite teams, but it's really, really fun to watch, and that's the new york jets. coach ryan, he's got a problem. he has three quarterbacks, sanchez, he's got tim tebow, he's got another guy. he can't decide who their quarterback is going to be. that's the same problem republicans are having. romney's gone, but he's still in the background. we have m
we can get something done that is good for families like this one and that is good for the american economy. >> an added wrinkle to the fiscal cliff talks is the debt ceiling, with the government on pace to reach its borrowing limit early next year. the white house stated its position on the 14th amendment, which some theory rise is a way for the president to raise the debt limit independently, should republicans attempt to use it as a negotiating tool. >> i can say that this...
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that'll be a problem for our economy. people will not be engaged unless they have clarity in this thing. i have more faith in this institution. after the end of the day, you do the right thing. if you look at the history of this body, it roughly comes up with the right answer. we have not dealt with the debt ceiling since the beginning of this country. i think we are very capable and we can do it. >> i will respond by saying that we have been trying to deal with our cascading debt and deficit for decades. i would say that we have been far short of doing the right thing to look for a healthy fiscal future. >> thank you, senator. >> i agree that we usually do the right thing but only after we try everything else. the time has come. i see this as a scary time. we need to protect our fragile economy, but it is also an opportunity to move forward. my first question is based on your predictions -- what do you think the timeframe is for possible further downgrades from the credit rating agencies? >> this is my interpretation. i
that'll be a problem for our economy. people will not be engaged unless they have clarity in this thing. i have more faith in this institution. after the end of the day, you do the right thing. if you look at the history of this body, it roughly comes up with the right answer. we have not dealt with the debt ceiling since the beginning of this country. i think we are very capable and we can do it. >> i will respond by saying that we have been trying to deal with our cascading debt and...
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and when the economy stalls, when the economy sputers, when people lose their jobs, they know which party to blame, the party of high taxes. let's don't be the party of just almost as high taxes. >> some people have called that the doomsday scenario. others have said it's a strategic retreat on the republicans' behalf. would you vote present for that in the senate if it comes up? >> i don't think we have to in the senate. i'm happy not to filibuster it and i will announce tonight on your show that i will work with harry reid to let him pass his big old tax hike with a simple majority if that's what harry reid wants because then they will be the party of high taxes and they can own it. >> i want to ask you one quickie. your friend and mine, senator jim demint, resigning from the senate. going to take over as head of the heritage foundation. he is a great free market defender of capitalism. what do you make of jim demint leaveliing the senate? >> i think there's two ways to look t a it. the way i look at it, i've jokingly said he's going to a better place. but i really am serious about that
and when the economy stalls, when the economy sputers, when people lose their jobs, they know which party to blame, the party of high taxes. let's don't be the party of just almost as high taxes. >> some people have called that the doomsday scenario. others have said it's a strategic retreat on the republicans' behalf. would you vote present for that in the senate if it comes up? >> i don't think we have to in the senate. i'm happy not to filibuster it and i will announce tonight on...
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it could be damage for economy struggling to recover. takes us further down the road for what i think is the news of the day. argument over the debt ceiling today. that is one point of the republican lench in the dole. some machiavellian misstep made. he wanted the democrats to be embarrassed. and have to force a vote and propose it. reed said go ahead. put them in position to filibuster. to speak to the judge's point, if people stand here and simply say no to the idea of raising the tax rates on the republican side, it will damage the republican brand. the republicans have to get the best possible deal. in the spirit of the president's problem and he was intent on spending. not on cutting spending. but on taxes. that is how you use the president's position against him. to say no goes to bevy of polls that show republicans have the lion's share. >> bret: isn't that fair to say the president hasn't poe cussed at owl on cutting spending? the white house says they agreed to a $1 trillion in discretionary spending cuts. proposal to achieve $
it could be damage for economy struggling to recover. takes us further down the road for what i think is the news of the day. argument over the debt ceiling today. that is one point of the republican lench in the dole. some machiavellian misstep made. he wanted the democrats to be embarrassed. and have to force a vote and propose it. reed said go ahead. put them in position to filibuster. to speak to the judge's point, if people stand here and simply say no to the idea of raising the tax rates...
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if they bring a deal that is too drastic of a stop it is not going to be good for the economy either. >> the bottom line is they are going through hoops to avoid what is core problematic for their respective party dna. the republicans don't want to raise rates. so they will go through all sorts of hoops to essentially get as much if not more revenue and effectively screwing the red chief and more. they don't wnt to address entitlement spending and even slowing the growth. it would be equated with throwing granny off the cliff. and there in lies the casm. we have to close it. >> we do have to close it. if you are looking at all of these programs, are they even going to reduce the deficit? if they have the combined affect of slowing down the economy, the deficit reduction doesn't take place. they have to be more pro active and they have to get aggressive. but none of these guys understand economics. you are talking about a bunch of lawyers. you are talking about a bunch of people that study political science. you don't have anybody in congress that understands economic and they are foll
if they bring a deal that is too drastic of a stop it is not going to be good for the economy either. >> the bottom line is they are going through hoops to avoid what is core problematic for their respective party dna. the republicans don't want to raise rates. so they will go through all sorts of hoops to essentially get as much if not more revenue and effectively screwing the red chief and more. they don't wnt to address entitlement spending and even slowing the growth. it would be...
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egypt's economy is stagnant. getting the imf loan of $4.8 billion, $6 billion promised from the eu, and this money from us will matter a lot. at the end of the day, morsi has to deliver. morsi has to provide food and jobs and employment for his people. that's what will create buy in. >> jane, real quick, because we never have enough time, i want to quickly get your take on syria. secretary of state clinton meeting with the russian foreign minister as well as the u.n. envoy to syria. with so much concern about the threat of chemical weapons at this point, do you think there are any diplomatic options left? >> i think the play -- and hillary clinton met twice today with russian foreign minister lavrov -- is to get russia in the tent with the rest of the world. everyone has predicted, when facts on the ground change, russia will be there. this could be a reset moment for vladimir putin, and he could, because of his unique sway in the area, persuade, i would think, the bashar family to step aside and create a peacefu
egypt's economy is stagnant. getting the imf loan of $4.8 billion, $6 billion promised from the eu, and this money from us will matter a lot. at the end of the day, morsi has to deliver. morsi has to provide food and jobs and employment for his people. that's what will create buy in. >> jane, real quick, because we never have enough time, i want to quickly get your take on syria. secretary of state clinton meeting with the russian foreign minister as well as the u.n. envoy to syria. with...
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not a pro on the economy. i think we need to invest and there's a sweet spot comes up in infrastructure in particular that offers a real opportunity. >> jay, my question. as far as when you talk about that sweet spot, if we're going to start seeing inflation through the roof, i think a lot of people expect it if we come it to a deal with the fiscal cliff and get economic growth and get people investing, inflation will go up. so that is going to be a problem for american families. like you said, there are places that business can succeed. is it government-infused money to get there, or is it going to be actual, real, american dollars in there? >> susan, that's really the opportunity. first of all, i don't think inflation is a concern for years. in order for inflation to be a concern it it has to get into the wage cycle. we're far from that. the needs are clear. ports, roads, transport rail and plus protection against extreme weather. on the other side demand. the demand for infrastructure investments isle comin
not a pro on the economy. i think we need to invest and there's a sweet spot comes up in infrastructure in particular that offers a real opportunity. >> jay, my question. as far as when you talk about that sweet spot, if we're going to start seeing inflation through the roof, i think a lot of people expect it if we come it to a deal with the fiscal cliff and get economic growth and get people investing, inflation will go up. so that is going to be a problem for american families. like you...
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an i buss in the plants and here's an opportunity to give back, you know, something to the american economy. the way you look at things is, you know, the company is going to be spending $100 million in terms of bringing back jobs to the u.s. some may say $100 million, you know, is not a lot of money considering that apple has more than $100 billion in the bank. but i think this is a positive sign in terms of how many workers we're talking about here -- >> how many jobs? >> reporter: we don't know precisely or the skills necessary. it's a great question. probably in the thousands of jobs. remember, this is one existing mac line. this is not the iphone or ipad. one line but probably in the thousands, brooke. >> in the thousands. and so, apple chock eed up the one-day stock drop. do you think the shift, has to be a profitable move for apple hopefully. >> reporter: well, you know, there are two ways of looking at it. you are using cheap labor in china. not going to have that in the united states and also you're talking about adding infrastructure costs. how that might impact the bottom line, yo
an i buss in the plants and here's an opportunity to give back, you know, something to the american economy. the way you look at things is, you know, the company is going to be spending $100 million in terms of bringing back jobs to the u.s. some may say $100 million, you know, is not a lot of money considering that apple has more than $100 billion in the bank. but i think this is a positive sign in terms of how many workers we're talking about here -- >> how many jobs? >> reporter:...
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it hurt the economy last year. megyn: just to clarify and tell the viewers what you are talking about. the republicans in exchange for raising the debt limit said we'll do it but there have to be spending cuts to offset the amount of debt. >> what i don't like about the debt ceiling process is we have a process to create budget and there are congress and committees. things are supposed to go through both houses and get voatds on. i think this is going outside the democratic process. the republican numbers went down much more than barack obama's did last year. i think they have to be careful about what they are doing here. >> i think the reason simon doesn't like it is because it gives the republicans leverage to force the president to deal with the debt. the president has as much chance of succeeding as you have of getting john bolton to cry on your show. megyn: i think i can do it. a challenge? >> i bet you can. in the last 27 years, every significant debt reduction bill that passed starting with graham rosen has
it hurt the economy last year. megyn: just to clarify and tell the viewers what you are talking about. the republicans in exchange for raising the debt limit said we'll do it but there have to be spending cuts to offset the amount of debt. >> what i don't like about the debt ceiling process is we have a process to create budget and there are congress and committees. things are supposed to go through both houses and get voatds on. i think this is going outside the democratic process. the...
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about to become a big new battleground between organized labor and the state's struggles to improve its economy. >>> plus, a controversial police tool under fire today as drivers in one city claim that those traffic cameras aimed at keeping things safe, you know the ones they send you the automatic ticket in the mail for allegedly running the red light? that they're rigged! they're rigged against you and to turn a profit for police. we'll investigate. >>> and a new report today about vogue editor-in-chief anna wintour possibly being nominated as the ambassador to the u.k. and that new reporting has sparked new questions about whether the woman infamous for being rather tough on her staff possesses the diplomatic skills to deal with our best friend over in england and international relations. former u.n. ambassador john bolton faced similar criticism when he was up for his post, and he joins us next on whether he thinks wintour, infamously portrayed loosely in the film "the devil wears prada" has what it takes. >> oh, good morning, miranda. >> get me isaac. i don't see my breakfast here. where a
about to become a big new battleground between organized labor and the state's struggles to improve its economy. >>> plus, a controversial police tool under fire today as drivers in one city claim that those traffic cameras aimed at keeping things safe, you know the ones they send you the automatic ticket in the mail for allegedly running the red light? that they're rigged! they're rigged against you and to turn a profit for police. we'll investigate. >>> and a new report...
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how is business in this economy? let's take a look at some of the winners on the nasdaq. ♪ want to try to crack it? yeah, th's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and oth health professionals who helped us achieve the hhest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones o matter most. i love you,randma! [ male announcer ] humana. ♪ connell: kobe bryant from the
how is business in this economy? let's take a look at some of the winners on the nasdaq. ♪ want to try to crack it? yeah, th's the way to do it! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the...
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economy. the weekly unemployment numbers came in as they do every thursday. the labor department reported 370,000 americans filed for first-time unemployment claims. either way, either way, folks, your taxes will go up despite the haggling going on on capitol hill. you will be paying more to the u.s. government. stuart varney joins me now. so, stuart, that's the bottom line. this is what people i think across the country are starting to realize no matter what they negotiate, 2013 will be different for most of us. >> this is the untold tax story. everybody has been concentrating on tax the rich, yes or no. but the payroll tax holiday goes away january 1. neither political party wants to keep it going, therefore the tax -- the social security tax for everybody who works goes up as of january 1. that will take $120 billion out of the economy. it is a tax increase of $120 billion. martha: the bush tax cuts and letting them go versus this increase. how does it all balance out? >> reporter: just consider this. you reported 370,000 people filed for first-time unempl
economy. the weekly unemployment numbers came in as they do every thursday. the labor department reported 370,000 americans filed for first-time unemployment claims. either way, either way, folks, your taxes will go up despite the haggling going on on capitol hill. you will be paying more to the u.s. government. stuart varney joins me now. so, stuart, that's the bottom line. this is what people i think across the country are starting to realize no matter what they negotiate, 2013 will be...
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when americans spend, carol, the economy grows. that ends up translating to investors as being more confident. confident enough to buy into the market. since most 401(k)s closely track the s&p 500, this 10% to 15% rise cohen is expecting would be great for your retirement savings. if you start the year with, say, $30,000 and the index gains 15%, you're looking at almost $5,000 in gains. so it probably won't surprise you that the fiscal cliff, though, is a concern. but, you know what, cohen says even if the market is shaky at the start of 2013, the gains the second half of the year will make up for it. carol? >> that's a pretty rosie outlook. there must be a counter argument. all the other -- i hear such dire things. >> of course. you know, there are other big financials that release their outlooks, too, carol. most are generally positive, though. there are some pessimists out there. wells fargo strategists expects stocks to decline next year and points to slowing growth and uncertainty about the economy. expects just a modest gain
when americans spend, carol, the economy grows. that ends up translating to investors as being more confident. confident enough to buy into the market. since most 401(k)s closely track the s&p 500, this 10% to 15% rise cohen is expecting would be great for your retirement savings. if you start the year with, say, $30,000 and the index gains 15%, you're looking at almost $5,000 in gains. so it probably won't surprise you that the fiscal cliff, though, is a concern. but, you know what, cohen...
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but the economy will get a fresh update when the labor department released the november unemployment report. >> our big story here at home, police in fairfax county continue to investigate a disturbing find. >> a gun was found inside one of student's lockers. school officials ensure parents the kids were never at risk. melanie is live in fairfax county with the latest. >> reporter: good morning, tony and allison. students and staff are starting to make their way in here to robinson secondary school a day after that disturbing find. the school says the community was never in danger, some parents are a little rattled about this. wish they knew more about what was going on. how many people were involved. they want to know what kind of gun it was and what was the reason it was brought to school. administrators say they were notified about the gun and they went and found it in the student's locker. they say there was an ammunition magazine in the weapon but no other details. and also didn't release the student's age, gender or grade level. could be a wide range there. a letter e-mailed to
but the economy will get a fresh update when the labor department released the november unemployment report. >> our big story here at home, police in fairfax county continue to investigate a disturbing find. >> a gun was found inside one of student's lockers. school officials ensure parents the kids were never at risk. melanie is live in fairfax county with the latest. >> reporter: good morning, tony and allison. students and staff are starting to make their way in here to...
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not only to him but to the economy and to our country. >> well, i agree. i guess i don't know if you have a group of people basically saying this is what we're going to do, this is it, this is as far as we're going -- >> the republicans have to meet in the middle. >> you just have to get it done in a graceful way and not just hammer them. >> when we come back there are more than 7 billion people on this planet and "forbes" magazine has compiled a new list of the most powerful people who truly run the world. we'll go through this year's top power players with "forbes" editor randall lane. also joining us editor of "national memo" joe connison. >> the least powerful man even in his own household. >> bill karins with a check on the forecast. >> very strong and strapping. >> yeah right. not alone there in the household thing. good morning everyone. the lack of snow is really starting to creep into everyone's foremind. we are watching for the most part one of the least coverage of snow across the country we've seen for this time of year. let me show you the map
not only to him but to the economy and to our country. >> well, i agree. i guess i don't know if you have a group of people basically saying this is what we're going to do, this is it, this is as far as we're going -- >> the republicans have to meet in the middle. >> you just have to get it done in a graceful way and not just hammer them. >> when we come back there are more than 7 billion people on this planet and "forbes" magazine has compiled a new list of...
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obama is prepared to take the economy over the cliff unless republicans agree to raise tax rates on the wealthy. >>> meantime in georgia, some activists expressed frustration about the stalemate in holiday spirit. they delivered symbolic lumps of coal to the offices of both of their state's u.s. senators. but security guards met them outside of republican saxby chambliss' office. eventually, a few were let inside, but without the camera and media present. of course. that would have been the real story. >> folks are upset now. see what happens january 1 after you get the first paycheck and go, oh, this is what the fiscal cliff meant. yeah. whoo, 2013. >>> all right. the next story involves a new grassroots campaign that is starting. meant to draw attention to the nation's debt crisis. it is our "favorite story of the day." the campaign is called -- "the can kicks back." >> the campaign is aimed at young people and features former republican senator allen simpson, a rather spry allen simpson at that. >> stop instagraming your breakfast and tweeting your problems and getting on youtube so
obama is prepared to take the economy over the cliff unless republicans agree to raise tax rates on the wealthy. >>> meantime in georgia, some activists expressed frustration about the stalemate in holiday spirit. they delivered symbolic lumps of coal to the offices of both of their state's u.s. senators. but security guards met them outside of republican saxby chambliss' office. eventually, a few were let inside, but without the camera and media present. of course. that would have...
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our economy is a lot better. we can still go a long way. i just don't believe that there is the makeup of a great deal, because you can't trust anything any of these folks say. this is one of the reasons why i believe, tom, that the republicans haven't detailed out exactly what deductions are we talking about, what loopholes are they talking about. they won't come clean with the american people on this. it's all in these vague generalities. now, president obama is not interested in taking negotiations further until republicans put a rate increase on the table. and this is where boehner is running into trouble. do you think they'll eventually put a rate increase on the table? >> they're either going to do that or take us into a very dangerous fiscal situation over the cliff. this is a loosy in the football situation and the president says, i'm not going to kick again until you show me some serious commitment. and keep in mind, this is the republican leadership that supported the $718 billion of savings in medicare that was part of the health
our economy is a lot better. we can still go a long way. i just don't believe that there is the makeup of a great deal, because you can't trust anything any of these folks say. this is one of the reasons why i believe, tom, that the republicans haven't detailed out exactly what deductions are we talking about, what loopholes are they talking about. they won't come clean with the american people on this. it's all in these vague generalities. now, president obama is not interested in taking...
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of their money to the federal government, without raising tax rates, which we believe will harm our economy. >> treasury secretary tim geithner also weighed in yesterday saying the president is willing to allow the nation to go over the cliff if republicans don't agree to raise taxes on the wealthy. >>> we are learning new details about colorado's shooting suspect james holmes now that thousand of e-mails in the case have been reap leased. messages indicate holmes may have had a brief romantic relationship in the days before the tragedy. we have learned that in early june, holmes began specifically talking and fantasizing about killing a lot of people. his psychiatrist was so worried that she broke confidentiality and then contacted campus police. >>> here in new york, a suspect has been charged with murder for shoving a man to his death on the subway tracks. police say, 30-year-old, naim davis admitted to pushing the victim after the two argued on the platform. the judge denied davis bail. he admitted to police he stayed on the platform watching the man get struck by the subway. >>> the lo
of their money to the federal government, without raising tax rates, which we believe will harm our economy. >> treasury secretary tim geithner also weighed in yesterday saying the president is willing to allow the nation to go over the cliff if republicans don't agree to raise taxes on the wealthy. >>> we are learning new details about colorado's shooting suspect james holmes now that thousand of e-mails in the case have been reap leased. messages indicate holmes may have had a...
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i'm worried about stalling the economy. in the meantime when we talk about raising taxes and what it would do to small business. democrats like to point out we would only raise taxes on 3% of small business owners. >> right. melissa: but that 3% generates 50% of the inme from small business. so they're hiringhe majori of people. to me that is going to cost us jobs. >> well,ou know what? i think that what will cost us jobs for sure is if we go off thissfiscal cliff, because it is not just about ising tacks. it is also about the debt ceiling. it is about unemployment insurance. we have number of key issues that absolutely have to be resolved byythe end of the month. i want to tell youomething, in spite of what it might look i'm actually optimistic i think this is the way negotiations happen. melissa: you are? >> in the political world, i am, i am. in the political world, you know 30 days is a litime. and so i believe that we will reach agreement. now what i don't believe will happen i don't believe we'll solve all the problem
i'm worried about stalling the economy. in the meantime when we talk about raising taxes and what it would do to small business. democrats like to point out we would only raise taxes on 3% of small business owners. >> right. melissa: but that 3% generates 50% of the inme from small business. so they're hiringhe majori of people. to me that is going to cost us jobs. >> well,ou know what? i think that what will cost us jobs for sure is if we go off thissfiscal cliff, because it is not...
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just can't seem to get the economy going. lots of efforts and a ton of help from the state of chicken. why can't you get this back on track? >> like every urban arean the country, we are suffering in the foreclosure. we live and die by operty taxes and sales taxes and they are all coming in shorter than anticipated. basically because the property values in troit. it is starting to pick up in michigan. we just need a little bit more time in der to get our financial house in order. in order to grow our economy. gerr i have heard that before. we need more time to get our fiscal house in order. woul't it make mor sense? i know that you are probably playing l kinds of different groups. all kis of different political groups who want to have their voice heard. wouldn't it make more sense to come in and have the state on this thing -- the thing that we will fix this thing and get it done. >> unfortunately, theycan't unilaterally change them. so the financial emergency manager coming into detroit, setting back a year. we just need to
just can't seem to get the economy going. lots of efforts and a ton of help from the state of chicken. why can't you get this back on track? >> like every urban arean the country, we are suffering in the foreclosure. we live and die by operty taxes and sales taxes and they are all coming in shorter than anticipated. basically because the property values in troit. it is starting to pick up in michigan. we just need a little bit more time in der to get our financial house in order. in order...